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off. >> did the government fail? >> martin smith: a number of people told us that you didn't make this a top priority. >> well, i'm sorry if they think that, because i made it an incredibly top priority. >> so you're telling me that not one executive on wall street committed provable fraud? i mean, i just don't believe that. >> tonight ofrontline, "the untouchables." >> frontlinis made possible by contributions to your pbs station from viewers like you. and by the corporation for public broadcasting. major support for frontline is provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant and peaceful world. more information is available at macfound.org. additional funding is provided by the park foundation, dedicated to heightening public awareness of critical issues. and by the frontline journalism fund, supporting investigative reporting and enterprise journalism. >> although this downturn started in the housing sector and in the financial sector, you're seeing a lot of things being hit. >> today's numbers suggest job losses ar
by how unprepared the government was to investigate wall street. >> the deputy director of the fbi gave incredible testimony. >> after 9/11, we moved almost 2,000 criminal investigative resources over to national security matters. >> he said what happened was the government had transferred a great deal of the fbi agents over to anti-terrorism. but they didn't replace them. so we're basically down to 200 fbi agents. >> we have about 240 agents... >> and what he said was essentially during the savings and loan crisis, there were 1,000 fbi agents working on fraud. >> charles keating, millionaire banker who was... >> narrator: after the s&l crisis of the '80s, the government responded forcefully. back then, justice convicted over 1,000 bankers, a third of them top executives. >> ...who was led off in handcuffs today. you've introduced a bill that you believe... >> narrator: in the wake of the financial crisis of 2008, kaufman wanted the government to respond as it had in the past. >> we should find them, and if they're guilty of a crime, they should go to jail. >> why should people hearing
?" >> everything. i said everything. that one word. essentially we're putting the entire government and the entire city, at the disposal of our chancellor to fix things as quickly as possible. >> you have one minute to report to class. >> let's go. let's go, let's go. >> fall 2007. across washington, some 4,300 teachers and 50,000 students were beginning a new school year. >> good morning, my favorite class. >> good morning, mr. hughes, my favorite teacher. >> it's a new beginning. teachers are excited this year. people are waking up and saying, "gee!" (phone rings) >> this is michelle. >> this day was also the beginning of our long journey with michelle rhee. over the next three years we would follow her and watch as she wielded the extraordinary power she'd been given to try to fix dc's broken schools. >> i'm trying to hit as many schools as i possibly can this week before my one-on-ones start with the principals. >> rhee said her goal was to improve overall student achievement. she planned to use a year-end test known as the dc cas, or the dc comprehensive assessment system, as the key measure
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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